FRADIN FAMILY FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: FRADIN FAMILY FOUNDATION (EIN 05-0481553)
Tax period: 2014-10-01 to 2015-09-30
Filed: 2016-01-25
IRS object ID: 201610259349100101
Schema version: 2014v6.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-01-25T07:51:20-06:00	ReturnTs
Tax Period End	2015-09-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	050391857	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ROSENSTEIN HALPER & MASELLI LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	27 DRYDEN LANE	AddressLine1Txt
City	PROVIDENCE	CityNm
State Abbreviation	RI	StateAbbreviationCd
ZIP	02904	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2014-10-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	050481553	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FRADIN FAMILY FOUNDATION	BusinessNameLine1Txt
Business Name Line2	C/O ROSENSTEINHALPER & MASELLILLP	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	FRAD	BusinessNameControlTxt
Phone	4013316851	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	27 DRYDEN LANE	AddressLine1Txt
City	PROVIDENCE	CityNm
State Abbreviation	RI	StateAbbreviationCd
ZIP	02904	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	FRANK G HALPER	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	4013316851	PhoneNum
Signature	2016-01-07	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JAY N ROSENSTEIN CPA	PreparerPersonNm
PTIN	P00083146	PTIN
Phone	4013316851	PhoneNum
Preparation	2016-01-07	PreparationDt

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-04-25 22:37:26Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$69,169	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$79	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$79	InterestOnSavNetInvstIncmAmt
Total Rev And Expnss	$79	TotalRevAndExpnssAmt
Total Net Invst Incm	$79	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$125	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$125	AccountingFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$125	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$125	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$29,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$29,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$29,125	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$125	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$29,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$29,046	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$98,215	CashBOYAmt
Cash EOY	$69,169	CashEOYAmt
Cash EOYFMV	$69,169	CashEOYFMVAmt
Total Assets BOY	$98,215	TotalAssetsBOYAmt
Total Assets EOY	$69,169	TotalAssetsEOYAmt
Total Assets EOYFMV	$69,169	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$98,215	UnrestrictedBOYAmt
Unrestricted EOY	$69,169	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$98,215	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$69,169	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$98,215	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$69,169	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$98,215	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$29,046	ExcessRevenueOverExpensesAmt
Subtotal	$69,169	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$69,169	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$82,500	AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2	$16,000	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$50,703	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.315563	DistributionYr2Rt
Net Vl Noncharitable Assets Yr3	$27,022	NetVlNoncharitableAssetsYr3Amt
Adjusted Qlfy Distri Yr4	$145	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$13,628	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.010640	DistributionYr4Rt
Total Distribution	0.326203	TotalDistributionRt
Average Distribution	0.163102	AverageDistributionRt
Net Vl Noncharitable Assets	$69,028	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$11,259	AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct	$11,259	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$29,000	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	RI	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	FRANK HALPER	IndividualWithBooksNm
Phone	4013316851	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	27 DRYDEN LANE	AddressLine1Txt
City	PROVIDENCE	CityNm
State Abbreviation	RI	StateAbbreviationCd
ZIP	02904	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
PAUL M FRADIN
355 BLACKSTONE BOULEVARD	PROVIDENCE	RI	02906	PRESIDENT	0.50	$0	$0	$0
CHARLES S FRADIN
27 DRYDEN LANE C/O ROSENSTEIN	PROVIDENCE	RI	02904	SECRETARY	0.50	$0	$0	$0
FRANK G HALPER
145 SUMMIT AVE	PROVIDENCE	RI	02906	TREASURER	0.10	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$70,079	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$70,079	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$70,079	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,051	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$69,028	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$3,451	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$3,451	MinimumInvestmentReturnAmt
Distributable Before Adj	$3,451	DistributableBeforeAdjAmt
Distributable Before Ded	$3,451	DistributableBeforeDedAmt
Distributable As Adjusted	$3,451	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$29,000	ExpensesAndContributionsAmt
Qualifying Distributions	$29,000	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$29,000	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$3,451	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2	$13,465	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$82,500	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$95,965	TotalExcessDistributionCyovAmt
Qualifying Distributions	$29,000	QualifyingDistributionsAmt
Applied To Current Year	$3,451	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$25,549	RemainingDistriFromCorpusAmt
Total Corpus	$121,514	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$121,514	ExcessDistriCyovToNextYrAmt
Excess From Year2	$13,465	ExcessFromYear2Amt
Excess From Year1	$82,500	ExcessFromYear1Amt
Excess From Current Year	$25,549	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	PAUL M FRADIN	ContributingManagerNm
Contributing Manager	CHARLES S FRADIN	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Restrictions On Awards	THE FOUNDATION DOES NOT ACCEPT UNSOLICITED APPLICATIONS FOR FUNDS. DETERMINATION OF CONTRIBUTIONS IS MADE AT THE DISCRETION OF THE MANAGERS.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
JEWISH ALLIANCE OF GREATER RI
401 ELMGROVE AVENUE	PROVIDENCE	RI	02906	PUBLIC	GENERAL	$25,000
PROVIDENCE HEBREW DAY SCHOOL
450 ELMGROVE AVENUE	PROVIDENCE	RI	02906	PUBLIC	GENERAL	$500
TEMPLE BETHEL
70 ORCHARD AVENUE	PROVIDENCE	RI	02906	PUBLIC	GENERAL	$3,500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$29,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$79	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$79	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$79	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX PREP FEE	CategoryTxt
Amt	$125	Amt
Net Investment Income	$125	NetInvestmentIncomeAmt

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